Spain recorded a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2025. Government Budget in Spain averaged -4.10 percent of GDP from 1995 until 2025, reaching an all time high of 2.10 percent of GDP in 2006 and a record low of -11.60 percent of GDP in 2012. source: Bank of Spain
Government Budget in Spain is expected to reach -2.30 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Government Budget is projected to trend around -2.20 percent of GDP in 2027 and -2.10 percent of GDP in 2028, according to our econometric models.